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Author Question: A tax cut of $5 billion will have a greater effect on the economy than an increase in government ... (Read 68 times)

Coya19@aol.com

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Question 1

If the government increases taxes by $20 billion and decreases spending by $20 billion, equilibrium output increases by $20 billion.


◦ true
◦ false

Question 2

A tax cut of $5 billion will have a greater effect on the economy than an increase in government purchases of $5 billion.


◦ true
◦ false


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Marked as best answer by Coya19@aol.com on Apr 19, 2019

Ksanderson1296

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